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Softbank, TBCASoft lead telecoms blockchain identity work

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The Carrier Blockchain Study Group (CBSG) is a global consortium of at least 14 major telecoms carriers. Today SoftBank and TBCASoft announced the launch of the “Identification & Authentication” Working Group led by the two companies. TBCASoft is a consortium co-founder and technology partner which created a new Carrier Identification System (CCIS) framework. The technology uses Zero-Knowledge Proofs and distributed ledger technology (DLT) to enable consumers to share and verify identities without revealing personal information. Earlier this week South Korea’s SK Telecom and Deutsche Telekom announced they were working together on blockchain digital identity.

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